Online Banking

[Cymru]

I use Barclays Bank and therefore thier internet banking, thier banking seems fine but thier online banking performance sucks, what online banking do you use and does it do the job for you?

[globalart4u]

don't use online banking as most banking security is still not so secure

[Parin]

I have used:
First Direct
Abbey
Cahoot
Alliance & Leicester
And funnily enough all of them have performace issues. Could this be something to do with data being encrypted??w
Anyhow my personal favourite is A&L.

[AdminSorted]

I wouldn't be able to survive - in business OR in life - without internet banking. I'm with Barclays, btw. I think the security issues are dealt with fairly well, but you'll always find someone who has had a bad experience.

Perhaps an idea is to operate accounts through a few banks, that way you can't get cleaned out. If one account is hacked, you still have funds in another.

An unbroken rule I work by is to ensure that I have separate accounts at different banks for my business and my personal funds. So I will have a personal account at HSBC and a business account at Barclays. Then, if something goes wrong with my business, I know I'll still be able to pay the rent and put food on the table.

I also try to keep my credit cards separate from my bulk transacting account. This is to prevent the bank taking money from one account to settle a debt in another one.

Did you notice, I don't trust banks much?

[jim_gold]

I use HSBC. Their business banking is pretty good on the whole. Use a dongle now, which helps keep it secure.

Only gripe is that I can only go back about 4 months to view transactions. That bit really sucks.

[musictomyears]

I have online banking with NatWest and Cahoot and can say that I have never had any problems with either bank. I have transferred money between these accounts and paid money into other accounts without any failures.

I find it very useful that I can check my accounts at any time and perform transactions out of banking hours, and its a lot more convenient than visiting the branch and queing up to talk to somebody.

I'm not saying it would suit everbody, but I have yet to experience any hacking or whatever, and the system seems pretty secure to me.

[Poppy]

Hi

I have been using Alliance & Leicester for the last 2 years and they have been very good - no problems to date!

Joanne